Law360, London (September 9, 2021, 12:58 PM BST) — A judge sentenced former stockbroker Richard Faithfull to five years and 10 months in prison on Thursday for his role in laundering £2.6 million ($3.6 million) stolen from victims of an international network of boiler room frauds.

Faithfull, who has been authorized by the Financial Conduct Authority, had engaged in “shameful” criminal conduct while working as what prosecutors described as the “banker” for seven investment scams that conned at least 135 victims, Judge David Tomlinson said in his sentencing remarks at Southwark Crown Court. 

“On any showing, you engaged in criminal activity over a sustained period of time. It was sophisticated offending…

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